|
PureBytes Links
Trading Reference Links
|
Earl:
Looking over them quickly, I believe you are correct. But I'll double check
your exchange costs with Aaron here to see if I am also missing the boat.
Tim
At 08:06 AM 10/25/2005, you wrote:
>I have an IB Communiqué announcing a new pricing structure:
>
>In keeping with our mission of providing low cost trade execution and
>clearing services to professional traders and investors worldwide, IB is
>pleased to announce the following new US commissions schedule to take
>effect Tuesday, November 1, 2005.
>
>Stocks*: $0.005/Share (all-in)
>Options*: $0.75/Contract (all-in)
>Futures: $0.25 to $1.20/Contract (plus exchange costs)
>Forex**: 1 to 2 PIP wide EUR/USD spreads
>
>I'm trying to figure out what the new charges are going to be for futures.
>As nearly as I can tell, IB is moving everyone to unbundled rates
><http://www.interactivebrokers.com/en/accounts/fees/commissionFutures-FOPs.php?ib_entity=llc>http://www.interactivebrokers.com/en/accounts/fees/commissionFutures-FOPs.php?ib_entity=llc
>effective Nov 1. As a rough calculation on the emini using the lowest
>number of contracts monthly in each table:
>Execution fee <300 0.90
>Clearing fee 0.30
>CME Tier 1 - Equity: 1.14
>Regulatory USD .02
> ------
>Total of $2.36 is close to the $2.40 bundled rate with opportunity for
>lower costs on more monthly volume. So far, no impact ... but then there
>is a BIG kicker - Overnight carrying fee per day @ $0.10
>
>This looks like a huge cost increase for those of us who carry swing
>trades overnight. Do my figures look right?
>
>Earl
>
>
>
>SPONSORED LINKS
><http://groups.yahoo.com/gads?t=ms&k=Business+finance+uk&w1=Business+finance+uk&w2=Business+finance+course&w3=Business+finance+class&w4=Small+business+finance&w5=Business+finance+schools&w6=Business+finance+small+software&c=6&s=177&.sig=gexmLojTfwYY4HiEwuDapg>Business
>finance uk
><http://groups.yahoo.com/gads?t=ms&k=Business+finance+course&w1=Business+finance+uk&w2=Business+finance+course&w3=Business+finance+class&w4=Small+business+finance&w5=Business+finance+schools&w6=Business+finance+small+software&c=6&s=177&.sig=nOCi2kW3i8m_oPyhpIw7TA>Business
>finance course
><http://groups.yahoo.com/gads?t=ms&k=Business+finance+class&w1=Business+finance+uk&w2=Business+finance+course&w3=Business+finance+class&w4=Small+business+finance&w5=Business+finance+schools&w6=Business+finance+small+software&c=6&s=177&.sig=C7s2RP1yyzhMsyCDI4N3UA>Business
>finance class
><http://groups.yahoo.com/gads?t=ms&k=Small+business+finance&w1=Business+finance+uk&w2=Business+finance+course&w3=Business+finance+class&w4=Small+business+finance&w5=Business+finance+schools&w6=Business+finance+small+software&c=6&s=177&.sig=UWWdrd0uziw32VxqhqFHKQ>Small
>business finance
><http://groups.yahoo.com/gads?t=ms&k=Business+finance+schools&w1=Business+finance+uk&w2=Business+finance+course&w3=Business+finance+class&w4=Small+business+finance&w5=Business+finance+schools&w6=Business+finance+small+software&c=6&s=177&.sig=9f-hLdwiA-6jc5CiuVXRzw>Business
>finance schools
><http://groups.yahoo.com/gads?t=ms&k=Business+finance+small+software&w1=Business+finance+uk&w2=Business+finance+course&w3=Business+finance+class&w4=Small+business+finance&w5=Business+finance+schools&w6=Business+finance+small+software&c=6&s=177&.sig=UdyA6j-v_jVwxrhQbx--8w>Business
>finance small software
>
>
>----------
>YAHOO! GROUPS LINKS
>
> * Visit your group
> "<http://groups.yahoo.com/group/realtraders>realtraders" on the web.
> *
> * To unsubscribe from this group, send an email to:
> *
> <mailto:realtraders-unsubscribe@xxxxxxxxxxxxxxx?subject=Unsubscribe>realtraders-unsubscribe@xxxxxxxxxxxxxxx
>
> *
> * Your use of Yahoo! Groups is subject to the
> <http://docs.yahoo.com/info/terms/>Yahoo! Terms of Service.
>
>
>----------
------------------------ Yahoo! Groups Sponsor --------------------~-->
Help tsunami villages rebuild at GlobalGiving. The real work starts now.
http://us.click.yahoo.com/njNroD/KbOLAA/cosFAA/zMEolB/TM
--------------------------------------------------------------------~->
Yahoo! Groups Links
<*> To visit your group on the web, go to:
http://groups.yahoo.com/group/realtraders/
<*> To unsubscribe from this group, send an email to:
realtraders-unsubscribe@xxxxxxxxxxxxxxx
<*> Your use of Yahoo! Groups is subject to:
http://docs.yahoo.com/info/terms/
|